Musk clarified on March 30 that the US government has no plans to use Dogecoin

Odaily News Musk said at the "America PAC" town hall meeting held in Green Bay, Wisconsin on March 30 that the US government has no plans to use the cryptocurrency Dogecoin. He pointed out that the federal "Department of Government Efficiency (DOGE)" has no connection with Dogecoin, saying "they are just similar in name, and the government will not use Dogecoin, at least there is no such plan that I know of."
Nevertheless, the official DOGE website briefly displayed Dogecoin's Shiba Inu mascot in February, sparking market speculation about the government's connection with cryptocurrencies, pushing DOGE up 14% at one point, with a market value of over $58 billion. (decrypt)